$699,000
Available - For Sale
Listing ID: W11944597
218 Lakeshore Rd , Oakville, L6J 1H8, Ontario


Presenting a rare turnkey restaurant opportunity in the heart of Oakville! This 5,000+ sq. ft. culinary masterpiece, located on prestigious Lakeshore Road, offers a proven business model, prime location, and endless potential for growth. The main floor features a charming Italian restaurant with seating for 70-80 guests, creating a warm and inviting dining experience. Downstairs, a fully equipped banquet hall accommodates over 100 guests perfect for weddings, corporate events, and private celebrations. This establishment boasts a state-of-the-art chefs kitchen, a large liquor license, and a spacious outdoor patio, ideal for al fresco dining. The business is fully operational and comes with an established customer base and a reputation for excellence. Whether you are a seasoned restaurateur or an entrepreneur ready to enter the hospitality industry, this is your chance to own a turnkey business designed for maximum potential. Location has undergone extensive renovations and upgrades by the current owners with significant investment. Pescaraa where Italian charm meets coastal elegance. Your next business venture starts here!
Price $699,000
Taxes: $0.00
Tax Type: T.M.I.
Occupancy by: Owner
Address: 218 Lakeshore Rd , Oakville, L6J 1H8, Ontario
Postal Code: L6J 1H8
Province/State: Ontario
Legal Description: PT LT B, BLK 11, PL 1 20R12809; OAKVILLE
Directions/Cross Streets: Lakeshore Rd & Trafalgar Rd
Category: Without Property
Use: Restaurant
Total Area: 5000.00
Total Area Code:  Sq Ft
Office/Appartment Area: 0
Office/Appartment Area Code: Sq Ft
Industrial Area: 0
Office/Appartment Area Code: Sq Ft
Retail Area: 100
Retail Area Code: %
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 9
Employees #: 7
Seats: 75
LLBO: Y
Washrooms: 3
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY
Personal Picture
Nick Sabouri
Sales Representative
Dir:
416-735-0345
Bus:
416-494-7653
Fax:
416-494-0016
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Sale Of Business
Area: Halton
Municipality: Oakville
Neighbourhood: Old Oakville
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 3
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years